Free Trade between Korea and the United States

Free Trade between Korea and the United States

by Inbom Choi, Jeffrey J. Schott
     
 

Free trade agreements (FTAs) are proliferating in the Asia-Pacific region. For the first time, Korea is pursuing such accords as part of a strategy to restructure its economy and sustain the recovery from its 1997-98 economic crisis. Should it open talks with its largest trading partner, the United States? This study examines the economic and political benefits and… See more details below

Overview

Free trade agreements (FTAs) are proliferating in the Asia-Pacific region. For the first time, Korea is pursuing such accords as part of a strategy to restructure its economy and sustain the recovery from its 1997-98 economic crisis. Should it open talks with its largest trading partner, the United States? This study examines the economic and political benefits and challenges of pursuing bilateral FTA negotiations, the impact of a prospective pact on other trading partners, on the Asia-Pacific Economic Cooperation (APEC) forum, and on the multilateral trading system.

About the Authors: Inbom Choi, Visiting Fellow, was assistant secretary to the president for economic affairs and director of international economic policy in the Office of the President of Korea (1995-96). He was also managing director for programs of the APEC Foundation (1997-98). He has been a research fellow at the Korea Institute for International Economic Policy since 1990. He has also been a consultant to the World Bank and a visiting professor at Georgetown University. In 1998 and 1999, he was selected by the Asia-Europe Meeting (ASEM) as one of the Next Generation Leaders of Asia.

Jeffrey J. Schott, Senior Fellow, was a senior associate at the Carnegie Endowment for International Peace (1982-83) and an international economist at the US Treasury (1974-82). He is the editor of The WTO after Seattle (2000), Launching New Global Trade Talks: An Action Agenda (1998), Restarting Fast Track (1998), The World Trading System: Challenges Ahead (1996); author of WTO 2000: Setting the Course for World Trade (1996), The Uruguay Round: An Assessment (1994); coauthor of Western Hemisphere Economic Integration (1994), NAFTA: An Assessment (rev. 1993), North American Free Trade: Issues and Recommendations (1992), Completing the Uruguay Round (1990), and Economic Sanctions Reconsidered (2d edition 1990), among

Read More

Product Details

ISBN-13:
9780881323115
Publisher:
Peterson Institute for International Economics
Publication date:
03/28/2001
Series:
Policy Analysis in International Economics Series
Pages:
129
Product dimensions:
6.34(w) x 9.02(h) x 0.31(d)

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >